Restaurants

How private equity rolled Red Lobster

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was…

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Sweetgreen shares soar 34% after company beats revenue expectations

Sweetgreen shares surged nearly 34% on Friday after the company topped Wall Street’s revenue expectations for the fiscal first quarter…

Man pleads guilty in stock fraud case involving $100 million New Jersey deli

A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company…

Most Americans tip 15% or less at a restaurant — and some tip nothing, poll finds

When it comes to dining, tipping at least 15% to 20% is traditional etiquette, say experts. It seems many Americans…

Happy meal? Steady demand for french fries is good news for U.S. economy

Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the…

‘U-S-A!’: On the road with thousands of American soccer fans at the World Cup

Auckland, New Zealand CNN  —  In the shadow of Auckland’s Eden Park stadium, a neighborhood watering hole has become a…

Shifting to life post-Covid: How remote work transformed this city in the Midwest

Lansing, Michigan may never be the same. The city of just over 110,000 residents, known for its towering state capitol…

JJ Watt does pub crawl ‘research’ after investing in Premier League-bound Burnley

CNN  —  Former NFL star JJ Watt has taken to the bars and drinking establishments of northwest England – all…

Wrexham: An intoxicating tale of Hollywood glamor and sporting romance

CNN  —  “It’s an underdog story,” says Gene Warman, an Ohio native sitting in a bar with his son in…